U.S. GDP growth in the first half of 2025 was almost entirely driven by investment in data centers and information processing technology, according to Harvard economist Jason Furman. Excluding these technology-related categories, Furman calculated in a Sept. 27 post on X.com GDP growth would have been just 0.1% on an annualized basis, a near standstill that underlines the increasingly pivotal role of high-tech infrastructure in shaping macroeconomic outcomes.
Even if AGI is just around the corner and we’ll get all the AI advancements promised, this is still a bubble
It’s a bubble because the vast majority of spending is being done on data centers, which are not really required. I can easily run a LLM on my local machine. Deepseek can run reasonably well on a modern smartphone
There is no way AI companies are going to recoup the trillions spent on data centers. People simply aren’t willing to pay that much, and if we can get similar results from open source models running on our local devices, people will do that
That’s catastrophic for a countries economy. We already know 51% of all money spent in America was spent by the top 10%. Meaning there’s definitely negative growth for the average American. Our infinite growth world economy needs to change. Wealth and stuff shouldn’t be measured for success anymore. It’s crippling humanity, we have bigger issues and holding on to our wealth based mindset is the first thing we need to fix before moving forward.
Who could have possibly seen coming this fake ass idiot and his fake ass crew propping up this fake ass economy with fake ass demand for AI trash.
So most of the air is going into the bubble to fill it more? Lovely
